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Old Posted Nov 13, 2010, 9:58 AM
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LeftCoaster LeftCoaster is offline
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Quote:
Originally Posted by Spocket View Post
That's not really true .
It doesn't really matter how tall a building is from the developer's perspective if the market can supply the customers and the customers can afford the rent . It's pretty much that simple .
No, this is distictly untrue.

Building above 800ft is prohibitively expensive for a multitude of reasons. This is why someone123 said, and he is correct, that in most cases building 300m is not necessary.

It is much more sensible and cost effective for a developer to build a fatter, shorter building, or multiple buildings, than one supertall. Given Canadian's propensity towards sensibility I would put my vote in that it will be at least 10 years before we see a supertall, with a 65% chance of it being in Toronto, 25% chance of it being in Calgary, and a 5% chance of it being in Metro Vancouver or Montreal. If you like give Edmonton a 1% chance too, but the land economics there just make so little sense to build a supertall it would ahve to be someone with an enormously large ego and correspondingly small common sense to do it.
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